I am setting up op. balances in QB. The company has made an investment in AED, EUR and USD. how do i enter all 3 transactions to the investment account to have correct op

Welcome to the Community, @sherdil. It’s my pleasure to help you enter opening balances in your QuickBooks Online account.

When you set up an account in QuickBooks, you choose the day to begin recording transactions. An opening balance serves as the account's starting point. Next, you enter the balance of your actual bank account for the selected day.

Here’s how:

1. Go to Settings ⚙ and select Chart of accounts.
2. Select New.
3. Enter the necessary information and select the correct currency.
4. In the Balance field, enter the amount in the account. Then, choose the as of date.
5. Click Save and Close.

I’ve added some snippets below for your reference:

You’ll want to see this article for the detailed steps: Enter an opening balance for an account in QuickBooks Online. This includes the process of editing it. It's always best to consult your accountant for these matters to ensure your books remain accurate.

Afterwards, let’s set up an equity account for each currency. This account will be used to record the investment. To proceed, follow these steps:

1. Go to Accounting, and select Chart of Accounts.
2. Click New.
3. Enter the name of your new account. Say Equity Account.
4. Under Create category under*, select the Pencil icon.
5. Select Owner investment or expenses (Equity).
6. Choose Opening balance equity.
7. Click Save.

Once done, see this article and proceed to Step 2: Record the investment: Record an owner's contribution or capital investment in your business.

If you’ve already added an opening balance but it’s incorrect, you can go back to the register to edit it. See this article for the detailed steps: Edit an incorrect opening balance.

Feel free to check out this guide to learn the importance of setting up your COA correctly: Learn about the chart of accounts in QuickBooks Online. This will help you customise and organize your accounts.

Please let me know if you need clarification about this, or there's anything else I can do for you. I'll be standing by for your response. Have a great day.